Shopify SHOP has outperformed the market by 23.24% on an annualized basis over the last 5 years and has achieved an average annual return of 34.14%. Shopify currently has a market cap of $53.28 billion.
Buy $1000 in the SHOP: If an investor bought $1000 worth of SHOP stock 5 years ago, it would be worth it $4,294.92 today based on a price of $42.01 for SHOP at the time of writing this article.
Shopify’s performance over the last 5 years
Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.